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economy and they all know it. there is no country in the world for the people in charge do not understand that they benefit from a strong, dependable, secure u.s. economy and energy is the key, i think. >> christine, can i just say something here? i think one program we have done in securing american pricing energy and is something of note that many of us have seen. futurering america's energy, the oil shock wave. i think it speaks to several key messages. just as we did in 2005, they're just as relevant today when we were importing 60% vs. 40% and continuing to go down. they also fall along what senator blunt said house well. but you see from when we have the oil crisis, there is no such thing as energy independence. some fear we define the problem as energy independence and it is all about imported oil. but then we solve a problem. we have been saying we needed to end our dependence on foreign oil, but the truth is we have a dependence on oil and any thing that happens anywhere in the world affects us here. if w
economy and they all know it. there is no country in the world for the people in charge do not understand that they benefit from a strong, dependable, secure u.s. economy and energy is the key, i think. >> christine, can i just say something here? i think one program we have done in securing american pricing energy and is something of note that many of us have seen. futurering america's energy, the oil shock wave. i think it speaks to several key messages. just as we did in 2005, they're...
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this impacts the economy and uncertainty out there that is lingering is creating havoc with our economy and our states and in my particular budget, not only don't we have growth money which we're anticipating in utah which is having a pretty healthy economy, we could take as much as a $500 million loss in revenue strings because of not getting it resolved. we're going to encourage people to come together and get it done. we're also saying that states are willing to do our part. we understand this will be a shared sacrifice as you have to look at spending cuts. states are willing to do more with less. we're asking for more flexibility. it's a common theme that we've talked about with the president, with congress. give us more flexibility. take away some of the strings and we can do more with less, help you balance your budget. >> governor walker what exactly did you say to our president and did you talk about taxes? >> well, in our case, as jack and mary both mentioned, we're not here as individual governors. we're here as part of the national governors so tp it wasn't to discuss a speci
this impacts the economy and uncertainty out there that is lingering is creating havoc with our economy and our states and in my particular budget, not only don't we have growth money which we're anticipating in utah which is having a pretty healthy economy, we could take as much as a $500 million loss in revenue strings because of not getting it resolved. we're going to encourage people to come together and get it done. we're also saying that states are willing to do our part. we understand...
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Dec 8, 2012
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the economy has changed. but whether or not the journey my parents made is still possible to all who are willing to work for it, well that will decide whether america will decline or whether america will remain exceptional. the emergence of a strong, 21st century american middle class is the answer to our most pressing challenges. and it all starts with our people. in our hotel kitchens, in the landscaping crews working in our neighborhoods, and in the late night janitorial shifts that clean our offices. there. there you will find the dreams america was built on. there you will find the promise of tomorrow. their journey is also our nation's destiny. and if they can give their children what our parents gave us, well then life in 21st century america can be better than it has ever been. may god bless all of you. and may god bless the united states of america. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> on friday, vice president joe biden v
the economy has changed. but whether or not the journey my parents made is still possible to all who are willing to work for it, well that will decide whether america will decline or whether america will remain exceptional. the emergence of a strong, 21st century american middle class is the answer to our most pressing challenges. and it all starts with our people. in our hotel kitchens, in the landscaping crews working in our neighborhoods, and in the late night janitorial shifts that clean...
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i travel the world working to help people everywhere take part in the global economy, and we never lose sight of the fact that iranians deserve this no less than any other people. america's goal is to change the iranian leadership's calculus. we have worked with the p-5 plus 1 to put a credible offer on the table. if there is a viable diplomatic deal to be had, we will pursue it. and should iran finally be ready to engage in serious negotiations, we are ready. when iran is prepared to take confidence-building measures that are verifiable, we are prepared to reciprocate. what we will not do is talk indefinitely. the window for negotiation will not stay open forever. president obama has made that clear, and by now i think it should be clear this is a president who does not bluff. he says what he means, and he means what he says. the second shared goal i want to discuss is this -- now that rocket fire from gaza has stopped, america and israel have to work together with partners in the region to turn the ceasefire into a lasting calm. now, we have no illusions about those who launched the r
i travel the world working to help people everywhere take part in the global economy, and we never lose sight of the fact that iranians deserve this no less than any other people. america's goal is to change the iranian leadership's calculus. we have worked with the p-5 plus 1 to put a credible offer on the table. if there is a viable diplomatic deal to be had, we will pursue it. and should iran finally be ready to engage in serious negotiations, we are ready. when iran is prepared to take...
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what's really happening to the global economy. there are no holds barred the global financial headlines kaiser report. good leverage surely. to build the world's most sophisticated. mission to teach me. this is why you should. only. argy dot com lead i've . i've . experienced. at least. it's.
what's really happening to the global economy. there are no holds barred the global financial headlines kaiser report. good leverage surely. to build the world's most sophisticated. mission to teach me. this is why you should. only. argy dot com lead i've . i've . experienced. at least. it's.
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our. do we speak your language i mean some of the worn out of the. news programs and documentaries in spanish matters to you breaking news a little tonnage of angles kiddies stories. for you here. in troy all t. speil. find out more visit eye to eye. play. a little. anxious. live close. you. good afternoon welcome to capital account i'm lauren mr here in washington d.c. viz your headlines for friday december seventh two thousand and twelve is jobs day u.s. jobs numbers for november came in better than expected with the b.l.s. report showing one hundred forty six thousand jobs were added much more than expected and the unemployment rate fell to seven point seven percent but why did the rate went down because more people left the labor force and when you look at the lack of exciting increases in wages that also comes out in this report what should we really make of it all and what does that portend for housing which our guest ba
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our. do we speak your language i mean some of the worn out of the. news programs and documentaries in spanish matters to you breaking news a little tonnage of angles kiddies stories. for you here. in troy all t. speil. find out more visit eye to eye. play. a little. anxious. live close. you. good afternoon welcome to capital account...
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Dec 11, 2012
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economy. china, japan, malaysia, europe. there are people providing inputs to defense projects, commercially coming from all around the globe. >> guest: major military programs, the anti warfare program, the casey 46 tanker are actually commercial derivatives. they're built on the same line. a ticket out of the line only when you need to put in specialized equipment, and by that process using the commercial process to reduce the cost. >> there is the future. >> host: illinois, republican, >> caller: man. >> host: your on. >> guest: there is an old saying. we will talk on the war is over. we have been a war for 209 years how would you possibly think of cutting defense when in my humble opinion i think we could use fewer, less fat people and take care of entitlements. thank you. >> host: debra in ohio. democratic column. go ahead. >> caller: i was thinking, on this year fiscal cliff, to save money, why can't they put a tab on what these greedy hospitals, doctors, ambulance, lifelike, prescriptio
economy. china, japan, malaysia, europe. there are people providing inputs to defense projects, commercially coming from all around the globe. >> guest: major military programs, the anti warfare program, the casey 46 tanker are actually commercial derivatives. they're built on the same line. a ticket out of the line only when you need to put in specialized equipment, and by that process using the commercial process to reduce the cost. >> there is the future. >> host: illinois,...
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he's been campaigning on how the economy is getting better. this backs his point of the economy is getting better. he can now say we're seeing improvement. this sort of goes back to his point like trust me, this is all good. you can take my word. this is what we need to do to keep moving the economy forward. >> ed, what about things being accomplished in these face-to-face talks with the president and speaker boehner? doesn't speaker boehner, he still has to answer to the tea party to some degree. >> to some degree. but this week there was a bit of a power grab by the speaker where he kind of punished about four or five more conservative members of his caucus by reassigning them off of more prominent committees and basically telling them, look, if you're not in lock step with me, you're going to face consequences. that added to sort of a growing sense of unity, caucus generally trusts he's going to negotiate a deal amenable to them. he still seems to have his party's back. we'll see. if he appears to give too much, certainly he might face a bi
he's been campaigning on how the economy is getting better. this backs his point of the economy is getting better. he can now say we're seeing improvement. this sort of goes back to his point like trust me, this is all good. you can take my word. this is what we need to do to keep moving the economy forward. >> ed, what about things being accomplished in these face-to-face talks with the president and speaker boehner? doesn't speaker boehner, he still has to answer to the tea party to...
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find out what's really happening to the global economy. there are no holds. headlines to report. her to cut. as. most of the mines in segovia have passed into the hands of citizens who established small companies and have exploited them for many years now. at the mine one hundred thirty workers bring the or to the surface like ants carrying it on their backs from a depth of three hundred meters. or out by the side. trying not to make it too heavy so you can walk. it depends. there are times you make two and a half to three million that's twelve hundred euros because the mine is rich you can even make four or five million. give me middle of the gold miner works hard for fifteen days to one man the minute . and then he goes out and in one week spends it all on drink on women and passions everything he made in a month. it's ok. that is why in a place so rich there is such great poverty. often the mines are a stone's throw away from homes the residents dig wherever they think they can get lucky. up on. this one hundred ten meters about forty five degrees. for the time being we haven'
find out what's really happening to the global economy. there are no holds. headlines to report. her to cut. as. most of the mines in segovia have passed into the hands of citizens who established small companies and have exploited them for many years now. at the mine one hundred thirty workers bring the or to the surface like ants carrying it on their backs from a depth of three hundred meters. or out by the side. trying not to make it too heavy so you can walk. it depends. there are times you...
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find out what's really happening to the global economy with my next concert for a no holds barred look at the global financial headlines tune into cars a report on our. poll for our. well. science technology innovation all the developments around russia we've got the future are covered. good afternoon welcome to capital account i'm lauren mr here in washington d.c. these are your headlines for friday december seventh two thousand well it's jobs day u.s. jobs numbers for november came in better than expected with the b.l.s. report showing one hundred forty six thousand jobs were added much more than expected and the unemployment rate fell to seven point seven percent but why did the rate went down because more people left the labor force and when you look at the lack of exciting increases in wages that also comes out in this report what should we really make of it all and what does it portend for housing which our guest barry habib mortgage exact thinks has been a bright spot for the economy we'll hear from a plus brace yourself the f one c meets next week and some are forecasting the f
find out what's really happening to the global economy with my next concert for a no holds barred look at the global financial headlines tune into cars a report on our. poll for our. well. science technology innovation all the developments around russia we've got the future are covered. good afternoon welcome to capital account i'm lauren mr here in washington d.c. these are your headlines for friday december seventh two thousand well it's jobs day u.s. jobs numbers for november came in better...
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economy about $1 billion. is wr? >> reporter: well, what's wrong the clerical union, folks striking there behind me, blocked several terminals here at ports of los angeles and long beach. it is a massive operation here nearly ahalf trillion in goods come through every year, it's huge. 40 ship affected. several and berthed here. several turned away. others awaiting in the ocean. we understand there is a press conference with the mayor, dramatic negotiations finally going on on this. they hadn't been talking for some type. mayor villaraigosa coming in from overseas trip last night, 10:30, 11:00 pacific time, went straight to negotiations not far from here. he's been there all night long on their backs and he's doing a press conference in 25 minutes or so. that probably means there is a deal at hand. >> a billion dollars a day, i hope they're bringing out all of the stops at this point. if you're out there, check one of those carriers and see if perhaps my ninjago is there for my kid. it's going to drive me crazy. >> re
economy about $1 billion. is wr? >> reporter: well, what's wrong the clerical union, folks striking there behind me, blocked several terminals here at ports of los angeles and long beach. it is a massive operation here nearly ahalf trillion in goods come through every year, it's huge. 40 ship affected. several and berthed here. several turned away. others awaiting in the ocean. we understand there is a press conference with the mayor, dramatic negotiations finally going on on this. they...
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starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers don't understand they only have the if they have the sound of one hand clapping they don't understand the economy.
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers don't...
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but have a lot of impact on state and local economies, as well, and their state budgets, et cetera. the president, though, is standing firm. and jake carney saying unless the republicans give in on tax rates and raise the bush tax rates on the rich, there is no deal and the president is willing to go off the cliff. they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans and fairy dust. >>reporter: it doesn't sound like they are ready for a compromise. he said they do not take speaker boehner's proposal seriously enough to offer a counterpropsal so the white house believes the ball is still in the republicans' court. >>shepard: but speaker boehner has moved, if shiply and if for the first time in public but he has moved. >>reporter: he has. he is not willing yet, not yet, anyway, willing to raise tax rates. in speaker boehner's proposal he put revenue, tax revenue of $800 billion on the table. you her the white house said this was not enough detail but they say in t
but have a lot of impact on state and local economies, as well, and their state budgets, et cetera. the president, though, is standing firm. and jake carney saying unless the republicans give in on tax rates and raise the bush tax rates on the rich, there is no deal and the president is willing to go off the cliff. they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans...
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that'll be a problem for our economy. people will not be engaged unless they have clarity in this thing. i have more faith in this institution. after the end of the day, you do the right thing. if you look at the history of this body, it roughly comes up with the right answer. we have not dealt with the debt ceiling since the beginning of this country. i think we are very capable and we can do it. >> i will respond by saying that we have been trying to deal with our cascading debt and deficit for decades. i would say that we have been far short of doing the right thing to look for a healthy fiscal future. >> thank you, senator. >> i agree that we usually do the right thing but only after we try everything else. the time has come. i see this as a scary time. we need to protect our fragile economy, but it is also an opportunity to move forward. my first question is based on your predictions -- what do you think the timeframe is for possible further downgrades from the credit rating agencies? >> this is my interpretation. i
that'll be a problem for our economy. people will not be engaged unless they have clarity in this thing. i have more faith in this institution. after the end of the day, you do the right thing. if you look at the history of this body, it roughly comes up with the right answer. we have not dealt with the debt ceiling since the beginning of this country. i think we are very capable and we can do it. >> i will respond by saying that we have been trying to deal with our cascading debt and...
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at the same time they don't want the economy to go in the hole. the other thing is they don't want the country to go broke, and what the republicans fail to do they fail to community indicate. they couldn't communicate themselves out of 0 wet babier bag. they don't hold barack obama accountable. you're the president and should lead on spending. this move of his give himself powers no president has had you take that to the country and say, you want him deciding he can spend whatever he wants. >> like removing the debt ceiling. >> exactly. i'm saying that's the issue. >> you're saying now that the president should outline the cuts because nobody is going the table to say this has to come off. >> the president has to come up with a reasonable solution that sells. >> why should he if he can blame the republicans? >> at the end of the day, its the era of this president. no one remembers who the speaker was during the depression. >> right. sounds like august 2011, the republicans took a beating over what happened. guess who really paid the price? the pr
at the same time they don't want the economy to go in the hole. the other thing is they don't want the country to go broke, and what the republicans fail to do they fail to community indicate. they couldn't communicate themselves out of 0 wet babier bag. they don't hold barack obama accountable. you're the president and should lead on spending. this move of his give himself powers no president has had you take that to the country and say, you want him deciding he can spend whatever he wants....
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and if it shrinking it produces less the problem is the united states economy in recent years has been consuming its capital stock that's like burning furniture to heat the whole.
and if it shrinking it produces less the problem is the united states economy in recent years has been consuming its capital stock that's like burning furniture to heat the whole.
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if you don't give us what we want, we'll tank the economy. nice little economy you've got here. shame if shg were to happen to it. this needs to be taken off the table. >> ifill: let's assume we do go over the cliff as you suspect, where do we we land? where is the balance both sides are looking for? >> well, i mean in a way you could say a balanced outcome is that most of the bush tax cuts will survive. the fact of the matter is just a small piece of them is going to be taken away. there's a lot of things that the democrats want: extension of the payroll tax, expansion of unemployment been tits, more stimulus in general. that probably won't happen if we go over the cliff. it's not as if we're talking about a situation in which president obama gets everything he wants. i'm not sure. what we want is the least bad outcome for the u.s. economy. and the u.s. long-term fiscal outlook that we can get. i don't think that balance is what we're seeking. what we're seeking is is let's try not to mess up this situation even more than it already is mess up. >> ifill: do you agree with erski
if you don't give us what we want, we'll tank the economy. nice little economy you've got here. shame if shg were to happen to it. this needs to be taken off the table. >> ifill: let's assume we do go over the cliff as you suspect, where do we we land? where is the balance both sides are looking for? >> well, i mean in a way you could say a balanced outcome is that most of the bush tax cuts will survive. the fact of the matter is just a small piece of them is going to be taken away....
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to a consumption economy. they need to free up some sectors, stop subsidizing state owned banks and national champions, they need to do political reform. but what do they think they need to do? >> if you talk to people on the street in beijing these days where i love, what you hear from people over and over again is fundamentally the same thing. they want their expectations of this government to be fulfilled. they want to know fundamentally that this government has the best interest of the people at heart. over the last ten years what they've seen is their own income, family income, has not kept up with the enormous pace of the growth of the economy. they feel ultimately they're not winning out. what the government has to do is figure out a way to reassure people that they are in fact the number one priority. you've heard this over and over again in the first language from this new president. when he gave the first speech he put aside some of the old language about socialism and chinese characteristics and a h
to a consumption economy. they need to free up some sectors, stop subsidizing state owned banks and national champions, they need to do political reform. but what do they think they need to do? >> if you talk to people on the street in beijing these days where i love, what you hear from people over and over again is fundamentally the same thing. they want their expectations of this government to be fulfilled. they want to know fundamentally that this government has the best interest of...
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who are in the proximity of the regime, that are gravely benefiting from the skewed balance of the economy in the current situation. i just want to give one example of one of the many, many things that could be done. there's one thing we all understand in this room which is corporate responsibility. it's not just a company that gets fined or the bank. but it's also senior manage; the people who were actually personally responsible for the bad decisions. we have sanctioned hundreds of iranian companies, but most of the ceos and the senior managers of those companies, who are often times -- because we identified the link -- members or former members of the revolutionary guard. the senior manager, ceos, former revolutionary guard, and they are not sanctioned, free to travel, and free to have bank accounts in malaysia and switzerland and all the places where they're still able to move about. we should go after them as well and make it known the iranians that our sanctions are not going after ordinary people but after the regime. >> i'd like to open it up to questions from the audience. we have
who are in the proximity of the regime, that are gravely benefiting from the skewed balance of the economy in the current situation. i just want to give one example of one of the many, many things that could be done. there's one thing we all understand in this room which is corporate responsibility. it's not just a company that gets fined or the bank. but it's also senior manage; the people who were actually personally responsible for the bad decisions. we have sanctioned hundreds of iranian...
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the economy is slow. we may or may not go over the fiscal cliff but regardless the economy has stalled and taxes are going up. i mean there is certainty. it is just not great certainty. >> you know, as a family-owned business after 91 years being in business we know that there's a business cycle. what we need to continue to advocate for as job creators is the virtue of free enterprise. we need to stand up for the principles that are going to allow us to provide our people employment, to create prosperity. we have to do that in a unified way because, even though the forecast can look bleak at different times, we have an incredibly resilient economy. great job create, out there given the chance which make a big difference. that is what we have to continue working on. melissa: jim, aren't you afraid of being punished either by the public or by the government for speaking out at this point? i mean i have talked privately to people on wall street who have said, you know, they feel like get pistol-whipped when
the economy is slow. we may or may not go over the fiscal cliff but regardless the economy has stalled and taxes are going up. i mean there is certainty. it is just not great certainty. >> you know, as a family-owned business after 91 years being in business we know that there's a business cycle. what we need to continue to advocate for as job creators is the virtue of free enterprise. we need to stand up for the principles that are going to allow us to provide our people employment, to...
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struggling economy on the surface reports. well everyone now madly picking their way through the facts and figures and while was there a lot of. one thing that was very very clear and so the u.k. is set to face even more austerity no what those figures showed us was that the u.k. economy is going to shrink by not point one percent five hundred twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we see is that borrowing has gone up the debt has risen and fallen and most crucially i think is probably the fact that the government have missed the reduction target so we're now facing an extended austerity program is going to take its right away three to twenty eightieth's a pretty gloomy outlook and this is what we were expecting a bit of course that's going to really not be more millions of families all across the again to one thing here and of course this is really getting seated in real terms have to speak to us more about this or some statement by the chance that today i'm jo
struggling economy on the surface reports. well everyone now madly picking their way through the facts and figures and while was there a lot of. one thing that was very very clear and so the u.k. is set to face even more austerity no what those figures showed us was that the u.k. economy is going to shrink by not point one percent five hundred twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we see is that borrowing has gone up the debt...
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economy. speakers include gene sperling, harvard university president, and former congresswoman and portugal vice-president, susan molinari. - google vice-president, susan molinari. from the american enterprise institute, join us live, 5:30 p.m. eastern also here on c- span. president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
economy. speakers include gene sperling, harvard university president, and former congresswoman and portugal vice-president, susan molinari. - google vice-president, susan molinari. from the american enterprise institute, join us live, 5:30 p.m. eastern also here on c- span. president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
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they'll share their views on how to right the japanese economy. they'll debate whether japan should join negotiations on the free-trade agreement known as the transpacific partnership. they'll outline their vision for how to supply the country's energy needs after the nuclear disaster in fukushima. and they'll talk about how to defend national security. the official campaign lasts 12 days. voters head to the polls on sunday, december 16th. earlier i spoke with nhk senior commentator masayo nakajima, who has covered countless elections in japan. i asked him what voters are thinking about most. >> voters are thinking first off about whether the democratic party of japan should stay in power. you know, the dpj swept into power in 2009, ending more than half a century of unbroken rule by the leader democrats. its leaders promised a lot as people used to being in opposition often do. they said they would cut government spending. they said they would stop the construction of a multimillion-dollar dam, make expressways toll free. prime minister noda had
they'll share their views on how to right the japanese economy. they'll debate whether japan should join negotiations on the free-trade agreement known as the transpacific partnership. they'll outline their vision for how to supply the country's energy needs after the nuclear disaster in fukushima. and they'll talk about how to defend national security. the official campaign lasts 12 days. voters head to the polls on sunday, december 16th. earlier i spoke with nhk senior commentator masayo...
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they had no interesting crippling the iranian economy. frankly that is just what we need to do, you look at that messageing, they were wrong then and i suspect their resistance to dropping the hammer will continue. but i suspect all so that we have a renewed understanding, interest in the importance of moving quickly and intensifying this effort because the stakes couldn't be higher. iran is in violation of its international obligations. from the pace of its nuclear development cited by international atomic energy agency to its refusal to open to inspectors, where it is suspected of conducting weapon as asian tests. i have seen the handiwork of the terrorist sponsoring country of iran. i was there during the war with hezbollah as iranian and syrian made missiles slammed into neighborhoods, slammed into the porch, at one point they even targeted the hospital there. in that hospital i saw 600 civilian victims of these missiles, iranian made and syrian made and that inventory of iranian supplied weapons continues to increase arithmetically a
they had no interesting crippling the iranian economy. frankly that is just what we need to do, you look at that messageing, they were wrong then and i suspect their resistance to dropping the hammer will continue. but i suspect all so that we have a renewed understanding, interest in the importance of moving quickly and intensifying this effort because the stakes couldn't be higher. iran is in violation of its international obligations. from the pace of its nuclear development cited by...
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economy into verse. christine lagarde spoke with candy kroll crowley about how a needs to be hammered out. >> the best way to go forward is to have a balanced a i approach that takes into account both increasing the revenue, which means either raising tax or creating new sources of revenue and cutting spendings as well. >> the imf has a real interest in how the u.s. economy is doing because it will directly impact how the global economy does. financial markets are also waiting on new forecasts from the federal reserve, but any positives could be dampened by uncertainty about what's going to happen with the fiscal cliff. >>> in egypt, opponents of morsi are calling for a major march on the presidential -- in
economy into verse. christine lagarde spoke with candy kroll crowley about how a needs to be hammered out. >> the best way to go forward is to have a balanced a i approach that takes into account both increasing the revenue, which means either raising tax or creating new sources of revenue and cutting spendings as well. >> the imf has a real interest in how the u.s. economy is doing because it will directly impact how the global economy does. financial markets are also waiting on...
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economy into verse. christine lagarde spoke with candy kroll crowley about how a needs to be hammered out. >> the best way to go forward is to have a balanced a i approach that takes into account both increasing the revenue, which means either raising tax or creating new sources of revenue and cutting spendings as well. >> the imf has a real interest in how the u.s. economy is doing because it will d
economy into verse. christine lagarde spoke with candy kroll crowley about how a needs to be hammered out. >> the best way to go forward is to have a balanced a i approach that takes into account both increasing the revenue, which means either raising tax or creating new sources of revenue and cutting spendings as well. >> the imf has a real interest in how the u.s. economy is doing because it will d
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carry everybody everybody in their system even though nothing's really going to change because the economy sucks anyway oh i think it'll change i just don't think they're going to i think about whether or not americans are worried about the fiscal cliff the bottom line is the media is milking the crap out of the for a while realistically nothing drastic is probably going to happen. while the u.s. government finds his huge deficit max and stacey is here to discuss the so-called hollywood accounting schemes that apology even more pressure on the economy here's a quick preview of the fall kaiser report coming up in about five minutes from now . is that these are monies that are for pensions for police nurses you know hospital workers farman and this money that is taken out of their paycheck every week is put into these retirement funds and then the state interest if they collateralize those funds back a bond which i'm sure the rating agencies moody's pitcher pay of course i'm sure they gave a good rating and then the hollywood people came in and stole that money and then those people lose the
carry everybody everybody in their system even though nothing's really going to change because the economy sucks anyway oh i think it'll change i just don't think they're going to i think about whether or not americans are worried about the fiscal cliff the bottom line is the media is milking the crap out of the for a while realistically nothing drastic is probably going to happen. while the u.s. government finds his huge deficit max and stacey is here to discuss the so-called hollywood...
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rises and tonks cuts that are set to take effect on the first of january and could be ruinous to the economy but does the average american see a day looming do all these new york residents try to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do you know so then why is the media talking about it incessantly well i i guess i have not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know you think most people are worried i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes it yes and no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom that and the media loves that yeah do you think there's actually something to worry about or do you think it's something the politicians and the media use to distract us from what's really g
rises and tonks cuts that are set to take effect on the first of january and could be ruinous to the economy but does the average american see a day looming do all these new york residents try to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do you know so then why is the media talking about it incessantly well i i guess i have not as informed as i...
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is not the way to grow the economy we are heading for an extended period of. the stagnation and. thank you very much for joining us but also save us a little because the concern has he said there on picking say the thing is that the one thing cutting through all the waste and says it's enough that the k. is going to be set to have to place itself but even tough because of the even whole austerity. sara thanks a lot sort of live from london and we have more from the u.k. head for you this hour with a look at how london has voiced what many brits have long been thinking and the news continues financial crisis the head of the british capital urged the u.k. to hold a referendum over the country's membership making an exit and likely prospect of more nuts and other stories after a short break. tucked in between the russian mainland japan and the sun coming island is the island of minute on named after french seafarer who discovered it it is described as the pride of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island was part of
is not the way to grow the economy we are heading for an extended period of. the stagnation and. thank you very much for joining us but also save us a little because the concern has he said there on picking say the thing is that the one thing cutting through all the waste and says it's enough that the k. is going to be set to have to place itself but even tough because of the even whole austerity. sara thanks a lot sort of live from london and we have more from the u.k. head for you this hour...
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find out what's really happening to the global economy. look at the global financial headlines to name two kinds of reports. which part what i say struck me more. everywhere you moved here to watch the booby trap i now for hanging a shotgun shells the rat traps face the. claws rock a warhead in a freezer the. the dragon two hanging over the doorway and else the soup of the free three you're just going to blow it up to you you know to drag his soul the way. we found.
find out what's really happening to the global economy. look at the global financial headlines to name two kinds of reports. which part what i say struck me more. everywhere you moved here to watch the booby trap i now for hanging a shotgun shells the rat traps face the. claws rock a warhead in a freezer the. the dragon two hanging over the doorway and else the soup of the free three you're just going to blow it up to you you know to drag his soul the way. we found.
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it would actually help our economy to grow and it would reduce the burden on the british taxpayer. and if him and it's also his breaking the set turns to the volatile middle east as a bring you a complex of of you all the latest developments in syria palestine and israel. wealthy british style it's an estimate on the type of. markets finance scandal find out what's really happening to the global economy for a no holds barred look at the global financial headline news june in two cars a report on our to. do we speak your language anything about the war not a day of. school news programs and documentaries in spanish matters to you breaking news a little tonnage of angles kiddies stories. for you here. in troy all teach spanish to find out more visit i to all tito it's calm. in motion to be soo much brighter if you know about song from feinstein pression it's. nice friends don't totty don't come. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realized everything you though
it would actually help our economy to grow and it would reduce the burden on the british taxpayer. and if him and it's also his breaking the set turns to the volatile middle east as a bring you a complex of of you all the latest developments in syria palestine and israel. wealthy british style it's an estimate on the type of. markets finance scandal find out what's really happening to the global economy for a no holds barred look at the global financial headline news june in two cars a report...
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economy. >> they could play havoc with the world economy. i think you would see a wave of terror across the region, potentially even here at home. i don't think, just for your personal, as per personal opinion, i don't think they would try to block the persian gulf because that would cut their own throats, but i would not be surprised to see them attack the oil facilities of other countries on the periphery of the gulf. and to do other things that would drive the price of oil through the roof but i think -- and i think you would see them behave in a very different way in both iraq and afghanistan. >> rose: based on everything you know, do you believe that they will respond to the economic embargo, the economic sanctions if we turn that screw as hard as we possibly can? >> i don't think the government will, if there is one thing that the iranians, saddam hussein, the north koreans and bashar al-assad all have in common is they don't care how many other people get killed. >> rose: even their own
economy. >> they could play havoc with the world economy. i think you would see a wave of terror across the region, potentially even here at home. i don't think, just for your personal, as per personal opinion, i don't think they would try to block the persian gulf because that would cut their own throats, but i would not be surprised to see them attack the oil facilities of other countries on the periphery of the gulf. and to do other things that would drive the price of oil through the...
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economy is going to shrink by no point one percent and by the end of twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we're seeing is that borrowing has got we think that has risen and fallen and most crucially i think it's probably the fact that the government had missed that reduction target so we're now facing an extended austerity program this case they can see right away three to twenty eighteenth pretty gloomy out and this is what we were a. bit of course going to really not be what millions of families all across the again one theory because this is when you get anything. now to speak tell us more about this haunting statement and the challenge that today i'm joined by a labor m.p. and the public so they public health minister thank you for joining us the british economy is slowly healing according to chancellor george osborne what was your reaction well i thought that was a very silly statement the truth is every prophecy every target. he has he has not met his targets he's not going to deal with the deficit. growth on gr
economy is going to shrink by no point one percent and by the end of twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we're seeing is that borrowing has got we think that has risen and fallen and most crucially i think it's probably the fact that the government had missed that reduction target so we're now facing an extended austerity program this case they can see right away three to twenty eighteenth pretty gloomy out and this is what we...
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hurt the economy more than necessary and. the last thing that you should do in times of economic weakness is to comic spending at such a fast rate because when consumers aren't spending because that. column when business is the hoarding cash it's actually the government that has that has to spend to get growth going and if you don't have growth then you weren't reduce your definitely doing that george five billion pounds on building projects been in the. planning to spend billions on infrastructure projects including road rail and cheap expansion that's what he's doing isn't it creating growth that yes i thought that was welcome but five billion it's pretty small bear i'm afraid the government. has not really come out with i would say the growth strategy that's that's needed and i think that the institute for fiscal studies has estimated that that five billion will increase. maybe buy point two percent say yeah so this states one person's already suffered a double dip recession i'm afraid much more is required to get the kind
hurt the economy more than necessary and. the last thing that you should do in times of economic weakness is to comic spending at such a fast rate because when consumers aren't spending because that. column when business is the hoarding cash it's actually the government that has that has to spend to get growth going and if you don't have growth then you weren't reduce your definitely doing that george five billion pounds on building projects been in the. planning to spend billions on...
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if you look at the economy, it is actually doing okay. i think those things go away if we get a deal. i don't think that is priced in at all. connell: great to have you on. thank you for joining us today. >> my pleasure. dagen: a stock alert for you. it could be a record-setting day at fedex. this could be the busiest day in the company's history. they have about 300,000 permanent workers worldwide. they add an additional 20,000 workers for the seasonal work. it is up 1%. goldman sachs, speaking of the economy: even in the firm's baseline forecast, you can expect economic slowdown in early 2013. things will be even worse if washington cannot cut a deal. financial conditions will very likely be cliff like, early january. connell: stick around for the story coming out of australia. the police there are warning drivers that a problem with apple maps can actually be deathly. dagen: gerri mack brown has his hands full. taxes and not state will kill jobs and entrepreneur roles elsewhere. connell: they have some complaints about all of you and y
if you look at the economy, it is actually doing okay. i think those things go away if we get a deal. i don't think that is priced in at all. connell: great to have you on. thank you for joining us today. >> my pleasure. dagen: a stock alert for you. it could be a record-setting day at fedex. this could be the busiest day in the company's history. they have about 300,000 permanent workers worldwide. they add an additional 20,000 workers for the seasonal work. it is up 1%. goldman sachs,...
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find out what's really happening to the global economy with much stronger no holds barred look at the global financial headlines. as a report on. the jets opposition group has left their demands on president morsi after a night of clashes reportedly forced him to sneak out of the back door of his own presidential palace. in the u.k. a drive to build i could give the government absence to people the internet activity sponsored privacy concerns with the home secretary labeling everyone opposed to it as terrorists and paedophiles. and israel seriously rebuff the un calls to reveal the truth about its nuclear program fusing to acknowledge it has atomic weapons all provide proof it doesn't. it's three pm here in moscow you love with us on our t. get she have you with us this afternoon opposition groups in egypt have issued a set of demands to the country's president mohamed morsi aimed at scrapping his latest political drives this fall as a few stand off outside the presidential palace in cairo which reportedly falls a gyptian leader to feed the building locally based on reports has more.
find out what's really happening to the global economy with much stronger no holds barred look at the global financial headlines. as a report on. the jets opposition group has left their demands on president morsi after a night of clashes reportedly forced him to sneak out of the back door of his own presidential palace. in the u.k. a drive to build i could give the government absence to people the internet activity sponsored privacy concerns with the home secretary labeling everyone opposed to...
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lou: great news on the economy, will higher taxes screw it up? two of the best economic thinkers join us, deutsche bank senior u.s. correspondents will be here joining us next. detroit on the edge of bankruptcy as city councilwoman with a rather direct, plain spoken solution saying it's simple. the city voted for obama. now obama must bail out mo-town, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and psonal attention. which is why we arare proud to parer with healh care professionals who understand the difference that quality time with our members can me... that's a very nice cake! ohh! [ giggles [ le announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals w helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in t
lou: great news on the economy, will higher taxes screw it up? two of the best economic thinkers join us, deutsche bank senior u.s. correspondents will be here joining us next. detroit on the edge of bankruptcy as city councilwoman with a rather direct, plain spoken solution saying it's simple. the city voted for obama. now obama must bail out mo-town, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the...
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economy is car sales. 1.1 million cars and trucks were sold last month. that's up 15% over last year. thn blackstone reports while americans are spending more money on cars, they are demanding vehicles that cost them less at the bump. >> reporter: this year's l.a. auto show is bolder... and greener than ever before. more than 50 electric, hybrid, and other fuel-efficient vehicles are on display at a time when style is taking a backseat to fuel economy. fward loh, editor in chief for "motor trend" magazine says auto makers are paying close attention because manufacture americans are in a buying mood. right now, the average age of a car on the road is 11 years, a record high. >> now they're in these old brs. they want to buy a new one. they're going to start thinking about, hey, how much am i going to pay at the pump? >> reporter: overall consumer nnterest in alternate-fuel ihicles is up 54% so g.m. is renewing its commitment to pure electric cars with the chevy spark e.v.. ord is rolling out eight tehicles that deliver 40 miles per gallon or better includi
economy is car sales. 1.1 million cars and trucks were sold last month. that's up 15% over last year. thn blackstone reports while americans are spending more money on cars, they are demanding vehicles that cost them less at the bump. >> reporter: this year's l.a. auto show is bolder... and greener than ever before. more than 50 electric, hybrid, and other fuel-efficient vehicles are on display at a time when style is taking a backseat to fuel economy. fward loh, editor in chief for...
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it would actually help our economy to grow and it would reduce the burden on the british taxpayer. the fiscal cliff of american politics and just what it bodes for all of us that's up next well our lester. download the official ati application to cell phone choose your language stream quality and enjoy your favorites from alzheimer's t.v. is not required to watch all its hear all you need is your mobile device to watch ati any time of the. wealthy british style signs. on. the. market why not come to. find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into cars a report. if. soon which brightened a few nibbles from finest impressions. screens totty dot com. will fall into the true science technology innovation all the news developments from around russia we've got the future covered. it all. skewed. good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for tuesday december fourth two thousand and twelve the g.o.p. has made a counteroffer to th
it would actually help our economy to grow and it would reduce the burden on the british taxpayer. the fiscal cliff of american politics and just what it bodes for all of us that's up next well our lester. download the official ati application to cell phone choose your language stream quality and enjoy your favorites from alzheimer's t.v. is not required to watch all its hear all you need is your mobile device to watch ati any time of the. wealthy british style signs. on. the. market why not...
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building something that will be good for his family's future the fact that it's good for india's economy well that's just the cherry on top preassure either r t new delhi india. coming up its capital account with hosting the list and that after the break. if you are passing through russia's very region you really can walk on the wild side thousands of kilometers of unspoiled countryside make up an area where it's still possible to live off the learned and enterprising locals so the fruits of the forest by the side of nearly every road. such spectacular scenery makes it a paradise for fisherman and provides a business opportunity for hunter is. going on he has been hunting for more than thirty years and works for a company providing expeditions for tourists this season ducks are on the menu. for two things a successful duck hunt a. silence which means that i need to be very quiet right in the. office. but when you've been in the business as long as he has the birds don't stand much chance. there are defined hunting seasons in russia but lax enforcement means many animals are killed out of
building something that will be good for his family's future the fact that it's good for india's economy well that's just the cherry on top preassure either r t new delhi india. coming up its capital account with hosting the list and that after the break. if you are passing through russia's very region you really can walk on the wild side thousands of kilometers of unspoiled countryside make up an area where it's still possible to live off the learned and enterprising locals so the fruits of...
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now have a look at what the figures show us and it is actually that the economy set to shrink by the end of twenty twelve by about nor point one percent now it's a small amount but of course new sides of that all important growth in fact what we saw is the borrowing is up is that the debt is rising and not falling and that what will set the scene now is more cuts in spending more cuts to the welfare and that's that's really important millions of families all across britain in real terms now very importantly one of the crucial bits of that statement is that we've seen the government have missed that debt reduction target that they set themselves and we're now facing and also there is the program that's been extended left going to take us away to twenty eight hundred so incredibly bad knees certainly the chancellor trying to paint it as a sort of economic situation that said to continue looking pretty bleak but importantly he was trying to couch it in terms that he was say hey look it's despite our policies and not because of our policies and of course that's something that many of the
now have a look at what the figures show us and it is actually that the economy set to shrink by the end of twenty twelve by about nor point one percent now it's a small amount but of course new sides of that all important growth in fact what we saw is the borrowing is up is that the debt is rising and not falling and that what will set the scene now is more cuts in spending more cuts to the welfare and that's that's really important millions of families all across britain in real terms now...
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carry every body everybody in their system even though nothing's really going to change because the economy sucks anyway oh i think it'll change i just don't think they're going to i think about it do you think they can figure it out or do you think it's up to us individually to do something. so what do you get into. work. work pay your bill and don't spend a lot but you don't have. going to the going to spend i'm not going to model spend the woman whether or not americans are worried about the fiscal cliff the bottom line is the media is milking the crowd out of the phrase while realistically nothing drastic is probably going to happen. in days on its way to making what it sees as being one of the biggest leaps in medicine and one of times is developing a one dollar vaccine for a baby in a disease which could help prevent many thousands of deaths. this is india's genome valley inside these quiet sterile labs there's a revolution taking place that could change the world's approach to public health and potentially save the lives of one hundred thousand indian children every year bharath biot
carry every body everybody in their system even though nothing's really going to change because the economy sucks anyway oh i think it'll change i just don't think they're going to i think about it do you think they can figure it out or do you think it's up to us individually to do something. so what do you get into. work. work pay your bill and don't spend a lot but you don't have. going to the going to spend i'm not going to model spend the woman whether or not americans are worried about the...